Global Rank
#1652
Country Rank
#95
Market Cap
12.14 B
Price
1.34
Change (%)
0.18%
Volume
10.55 M
Canara Bank (NSE-CANBK) Stock Split History
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 05/15/2024 with a ratio of 5-for-1. If an investor had purchased one share prior to the first split on 02/17/2017, that single share would now have grown to 5.14 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
05/15/2024 | 5:1 | x5 | x5.14 | Forward |
02/17/2017 | 1.028:1 | x1.028 | x1.028 | Forward |
Frequently Asked Questions
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How much would Canara Bank stock be worth if it never split?If Canara Bank (stock symbol: NSE-CANBK) had never undergone any stock splits, its price per share today would be approximately 6.88 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 5-for-1) that occurred on 05/15/2024.
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Has Canara Bank stock ever split?Canara Bank (stock symbol: NSE-CANBK) has undergone a total of two stock splits. The most recent split occurred on 05/15/2024. One share bought prior to the first split on 02/17/2017 would now equal 5.14 shares.
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Will Canara Bank stock split again?Canara Bank (stock symbol: NSE-CANBK) has undergone two stock splits in its history. The most recent split, a 1.028-for-1 split, occurred on 05/15/2024. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.